Tanalys

USD/CHF Intraday: bullish bias above 1.006.

Pivot: 1.006

Our preference: long positions above 1.006 with targets @ 1.0115 1.014 in extension.

Alternative scenario: below 1.006 look for further downside with 1.003 1 as targets.

Comment: a support base at 1.006 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.0175 ***

1.014 ***

1.0115 ***

1.0075 Last

1.006 ***

1.003 **

1 ***

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